Hong KongReal estate2024 – ongoingLink REIT
AI energy management at shopping properties
Link reported AI energy management installed at 54 properties
Problem
Link sought to reduce building electricity consumption while managing cooling needs across its properties.
Approach
Link installed AI-powered energy management systems that collected and analysed real-time shopping-mall data. The systems predicted and adjusted air-conditioning temperatures. CLP Power supported the installations with retro-commissioning advice and funding.
Results
Takeaway
The partners reported savings across several energy initiatives, without isolating the contribution of AI.
Categories
- Industry
- Real estate
- Business function
- Production and quality
- Innovation type
- Process innovation
- AI technology
- Predictive analytics and MLOptimization
- Adoption
- Vendor solution
- Goal
- Cost savings
- Evidence
- Company's own claim
Sources
Source summaries
Link described AI energy management installed at 54 properties with CLP Power's support. The release also reported electricity savings from the broader partnership, which included equipment improvements and energy audits.
Full details are in the original sources.